Bitmine is suspected of hoarding a large amount of ETH, having accumulated the purchase of 290,000 coins worth $1.24 billion over 8 days.

[Chain News] On August 12, it was reported that recent monitoring indicates that addresses creating and accumulating ETH through a certain platform are suspected to belong to Bitmine. Over the past 8 days, these addresses have cumulatively accumulated 293,186 ETH through certain platforms, valued at approximately $1.24 billion. Bitmine previously announced that it increased its holdings by 317,000 ETH within a week, bringing its total holdings to 1.15 million ETH.

ETH-3.43%
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BlockchainBardvip
· 1h ago
Is there another big market movement happening?
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GasFeeDodgervip
· 08-12 10:34
Hoarding so much, are you flipping ETH?
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MidnightSnapHuntervip
· 08-12 02:38
Cryptocurrency Trading is inseparable from mingling with pros.
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DaoTherapyvip
· 08-12 02:30
Why are you hoarding so desperately? What are you afraid of?
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TokenTaxonomistvip
· 08-12 02:27
hmm... accumulation patterns suggest systematic market manipulation tbh
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AirdropHarvestervip
· 08-12 02:17
Reliable, just buy it.
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